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Where’s RichyP with his unctuous way with our BoD?

Don’t worry - already reported for misinformation.

Slurm, Would not disagree with your sentiment; however, i feel that peeps are awaiting JP’s update - and if it fails to satisfy us, then we will probably see a firm commitment from many holders to proceed with an EGM.

As directionless as our BoD.

The BoD are the most clueless on where the share-price should be headed - mostly downwards ever since they’ve been throne-sitting - it’ll be another year before the lite-touch PEPR’s approved - certainly feels that way, at present.

The award he received for CEO of the year - can’t remember the exact category - should be rescinded: the events that partly overlapped the run-up to that prize have led to a significant decrease in Calidus’s overall market-profile - and value.

Marky, I think Calidus could achieve $1 - but only with a stream of good-news releases that highlight on-time debt-payments, decreasing ASIC, increasing amounts of sold gold, and increasing future resources.

Unfortunately, Dave’s no longer to be trusted in what he says: the opposite generally transpires.

Sounds ominous: JP’s latest e-mail implies a less-than-satisfied DEM with our latest copy-and-paste PEPR; however, I hope that he pulls a rabbit out of his top-hat to boost our morale.

I’m with you on the potential returns on SML - but, to your point in your latest post: ‘Look at the market cap and SP FFS’ - indeed, for the past five years, and it goes on and on, and on…

Where’s our update?

Would you trust Dave to get it right? I’m not so sure, particularly after he declared on his latest Crux Investor interview that no further capital-raising would be required - Oops!…I Did It Again - well done, Mr Reeves you’ve dropped continual clangers, annihilating any credibility you had earned before you started misleading the market on Calidus’s precariousness.

Croutom, A huge thank you for composing in your leisurely time a draft proposal for a potential EGM - it’s an sensibly important starting-point for a broader discussion among frustrated holders should the April-end update dissatisfy us.

Marky, The problem is is that he has now said that twice - one of which led to a call for money from outside investors, and the other is about to similarly happen. He has completely eroded investors’ trust in a) his ability to reasonably monetise an asset within the confines of the forecasted operational model, and b) his statements on the true operational and financial statuses and requirements. He should have been upfront both about the operational and financial problems, and the likelihood of raising capital.

The crux of the matter - whenver Dave mentions fully funded and no capital-raising required, expect the opposite.

Congrats - I really ought to follow your money :-)

Forget about nipped in, I am going for a nip-and-tuck if this multibags.

Our BoD relies more on rumour and other sources to communicate with the market.

Red or blue pill?

Quite - but, I did not even weakly imply that one should invest in it - again, I recommended observing its share-price movements from its lows, to understand how a positive news-flow can stratospherically catapult a ludicrously low-priced entity.

My point is less about any similarities - as I clearly stated that they are different - and more about the potential for a similar upwards movement with the right news and sentiment. -